Dana Martucci Secures $40.5 Million Refinance Loan For 769-Unit Multifamily Property In Coram NY

The property asset involved in the transaction is located at 50 Gibbs Road, Coram, NY. This multifamily asset covers a total square footage of 1,890,504 and comprises 769 units, with a loan amount of $40,500,000 for refinancing. The loan has terms set for a duration of 10 years.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $40,500,000
• Loan Type: Refinance
• Loan Terms: 10 Years
• Lender: National Commercial Bank (NCB)
• Borrower: Dana Martucci
• Landlord's Representative: Sam Lefkowitz

Key individuals involved in the deal include Dana Martucci as the borrower, securing the refinancing from National Commercial Bank (NCB). The landlord's representative for the transaction is Sam Lefkowitz, who is instrumental in facilitating the negotiation of the loan terms.